ForexTrendline

Will EURUSD continue the downfall?

Short
FX_IDC:EURUSD   Euro / U.S. Dollar
The move that we expected since mid October has completed in one day on Friday.
Now we have to see the continuation.

The levels around 1,1590 are the first resistance which we expect to push price to the downside again.
We should see a breakout of previous low and market heading to 1,1500 and even lower.

Entries only after rejection of resistance. The target levels will be in our next analyses.

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